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Federal government and Manitoba government invest in soybean research

Money will support growth and sustainability of the province’s soybean sector

By Diego Flammini, Farms.com

Soybeans, one of if not the most important crop to come out of Manitoba, is getting an infusion of money from the federal and provincial governments to help keep the soybean industry sustainable and forward-thinking.

"Soybeans are important to Manitoba's farmers and our agri-processing industry,” said Ron Kostyshyn, Manitoba Agriculture, Food and Rural Development Minister. “A strategic investment in research will help ensure this crop continues to create good returns for farmers and economic opportunities throughout the province.”

Kostyshyn, along with Member of Parliament representing Brandon-Souris, Larry Maguire made the announcement of a donation of more than $443,000 during Manitoba’s Ag Days, an expo celebrating technology and agriculture running from January 20 – 22 at the Brandon Keystone Centre.

There will be seven soybean research initiatives receiving funding through Manitoba Pulse Growers Association, focusing on how phosphorous fertilizer, soil temperature and crop residue play a part in soybeans, how to develop effective pest control methods, and organic production.

"Canada's soybeans are highly regarded around the world for their high quality and health benefits,” said Maguire. “Our government is proud to invest in new research to generate higher yields of soybeans, creating more opportunities for farmers and processors to prosper.”

In 2014, Manitoba grew soybeans on 1.3 million acres of land at an estimated $435 million farm gate value.


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Sunday night's U.S. weather outlook ahead of the key U.S. corn pollination stage and trade deals could be market-moving for Monday’s trade after a long 3-day U.S. holiday.